Can I retire at age 30 with 2,270,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$187,454$185,785$184,156$182,566$181,013$178,677
2 years$92,799$91,071$89,396$87,772$86,197$83,847
3 years$61,252$59,516$57,845$56,236$54,687$52,395
4 years$45,481$43,750$42,096$40,515$39,003$36,788
5 years$36,021$34,301$32,669$31,119$29,649$27,518
6 years$29,716$28,009$26,401$24,887$23,461$21,414
7 years$25,215$23,522$21,939$20,461$19,080$17,120
8 years$21,840$20,163$18,606$17,164$15,829$13,955
9 years$19,217$17,555$16,026$14,620$13,330$11,541
10 years$17,120$15,474$13,972$12,602$11,358$9,653
11 years$15,405$13,776$12,300$10,968$9,768$8,146
12 years$13,977$12,364$10,916$9,620$8,465$6,923
13 years$12,769$11,174$9,753$8,493$7,381$5,919
14 years$11,735$10,157$8,763$7,539$6,471$5,084
15 years$10,840$9,278$7,912$6,724$5,697$4,385
16 years$10,057$8,513$7,173$6,020$5,035$3,795
17 years$9,367$7,840$6,527$5,409$4,465$3,293
18 years$8,755$7,244$5,959$4,875$3,970$2,865
19 years$8,207$6,714$5,455$4,405$3,538$2,498
20 years$7,715$6,239$5,006$3,989$3,160$2,182
21 years$7,270$5,811$4,605$3,621$2,828$1,908
22 years$6,867$5,425$4,244$3,292$2,535$1,672
23 years$6,499$5,074$3,919$2,998$2,276$1,466
24 years$6,162$4,754$3,624$2,734$2,045$1,287
25 years$5,852$4,461$3,357$2,497$1,841$1,130
26 years$5,567$4,193$3,113$2,283$1,658$994
27 years$5,304$3,946$2,891$2,090$1,495$875
28 years$5,059$3,718$2,687$1,915$1,349$770
29 years$4,832$3,508$2,501$1,756$1,218$678
30 years$4,621$3,313$2,329$1,612$1,100$598
31 years$4,423$3,131$2,172$1,480$995$527
32 years$4,238$2,963$2,026$1,360$900$465
33 years$4,065$2,806$1,892$1,251$814$410
34 years$3,903$2,659$1,768$1,151$737$362
35 years$3,750$2,522$1,653$1,059$668$319
36 years$3,605$2,394$1,546$976$605$282
37 years$3,469$2,274$1,447$899$548$249
38 years$3,341$2,161$1,355$829$497$220
39 years$3,219$2,055$1,270$764$451$194
40 years$3,103$1,955$1,190$705$409$171
41 years$2,994$1,861$1,116$650$371$151
42 years$2,890$1,772$1,047$600$337$134
43 years$2,791$1,689$982$554$306$118
44 years$2,697$1,610$922$511$277$104
45 years$2,607$1,535$866$472$252$92
46 years$2,522$1,464$813$436$229$82
47 years$2,440$1,397$764$403$208$72
48 years$2,362$1,334$718$372$189$64
49 years$2,288$1,274$675$344$171$56
50 years$2,216$1,217$634$318$156$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,270,000, adding $5,648 every year, while hoping to spend $20,672 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 57/35/8 Blend
29$2,270,000$2,270,000$2,270,000$2,270,000
30$2,507,366$2,387,056$2,351,871$2,645,383
31$2,741,122$2,482,027$2,408,664$2,833,948
32$2,998,029$2,580,958$2,466,666$3,036,494
33$3,280,426$2,684,023$2,525,897$3,256,672
34$3,590,890$2,791,401$2,586,375$3,496,168
35$3,932,261$2,903,279$2,648,119$3,756,837
36$4,307,667$3,019,856$2,711,147$4,040,718
37$4,720,556$3,141,335$2,775,477$4,350,053
38$5,174,724$3,267,933$2,841,127$4,687,308
39$5,674,358$3,399,873$2,908,116$5,055,195
40$6,224,065$3,537,390$2,976,462$5,456,698
41$6,828,928$3,680,730$3,046,181$5,895,099
42$7,494,541$3,830,148$3,117,290$6,374,010
43$8,227,072$3,985,914$3,189,808$6,897,403
44$9,033,317$4,148,306$3,263,749$7,469,651
45$9,920,761$4,317,619$3,339,131$8,095,567
46$10,897,655$4,494,159$3,415,968$8,780,447
47$11,973,089$4,678,246$3,494,277$9,530,118
48$13,157,079$4,870,216$3,574,070$10,350,997
49$14,460,663$5,070,418$3,655,363$11,250,147
50$15,896,001$5,279,219$3,738,168$12,235,343
51$17,476,495$5,497,002$3,822,498$13,315,143
52$19,216,911$5,724,169$3,908,366$14,498,972
53$21,133,520$5,961,137$3,995,780$15,797,205
54$23,244,253$6,208,347$4,084,753$17,221,267
55$25,568,867$6,466,256$4,175,292$18,783,737
56$28,129,132$6,735,344$4,267,405$20,498,468
57$30,949,041$7,016,112$4,361,100$22,380,713
58$34,055,028$7,309,087$4,456,383$24,447,273
59$37,476,226$7,614,817$4,553,256$26,716,647
60$41,244,734$7,933,876$4,651,723$29,209,210
61$45,395,928$8,266,867$4,751,786$31,947,404
62$49,968,786$8,614,417$4,853,445$34,955,944
63$55,006,263$8,977,185$4,956,697$38,262,054
64$60,555,695$9,355,859$5,061,539$41,895,718
65$66,669,240$9,751,161$5,167,964$45,889,965
66$73,404,378$10,163,843$5,275,967$50,281,175
67$80,824,448$10,594,695$5,385,536$55,109,425
68$88,999,250$11,044,544$5,496,659$60,418,860
69$98,005,699$11,514,252$5,609,323$66,258,109
70$107,928,554$12,004,724$5,723,509$72,680,745
71$118,861,219$12,516,907$5,839,198$79,745,783
72$130,906,619$13,051,791$5,956,367$87,518,238
73$144,178,179$13,610,414$6,074,991$96,069,734
74$158,800,890$14,193,861$6,195,039$105,479,180
75$174,912,487$14,803,267$6,316,480$115,833,509
76$192,664,756$15,439,822$6,439,277$127,228,494
77$212,224,959$16,104,772$6,563,391$139,769,656
78$233,777,418$16,799,418$6,688,777$153,573,249
79$257,525,250$17,525,125$6,815,387$168,767,356
80$283,692,292$18,283,322$6,943,168$185,493,098
81$312,525,205$19,075,504$7,072,064$203,905,957
82$344,295,808$19,903,236$7,202,010$224,177,244
83$379,303,643$20,768,158$7,332,941$246,495,710
84$417,878,802$21,671,985$7,464,782$271,069,322
85$460,385,043$22,616,515$7,597,454$298,127,225
86$507,223,221$23,603,628$7,730,873$327,921,897
87$558,835,080$24,635,296$7,864,947$360,731,529
88$615,707,413$25,713,580$7,999,578$396,862,646
89$678,376,665$26,840,642$8,134,660$436,652,997
90$747,433,995$28,018,744$8,270,082$480,474,731
91$823,530,854$29,250,254$8,405,721$528,737,912
92$907,385,139$30,537,654$8,541,450$581,894,381
93$999,787,966$31,883,541$8,677,131$640,442,011
94$1,101,611,142$33,290,638$8,812,618$704,929,408
95$1,213,815,393$34,761,794$8,947,756$775,961,076
96$1,337,459,435$36,299,994$9,082,377$854,203,118
97$1,473,709,967$37,908,364$9,216,307$940,389,519
98$1,623,852,689$39,590,179$9,349,358$1,035,329,066
99$1,789,304,434$41,348,868$9,481,333$1,139,912,971
100$1,971,626,548$43,188,024$9,612,019$1,255,123,280